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Study says taxes in N M need more equity

A new study is recommending a menu of options for New Mexico lawmakers to consider as part of a larger effort to stabilize and improve the state s tax structure and reduce its reliance on a single industry or revenue source. For the average New Mexican, it could mean paying more money at the gas pump. For more affluent residents, it could mean a higher personal income tax rate structure or losing the capital gains personal income tax deduction. The 141-page report by the PFM Group of Philadelphia, presented Tuesday to the legislative Revenue Stabilization and Tax Policy Committee, makes more than a dozen policy recommendations.

United statesNew mexicoNew mexicanRandall bauerJavier martJames stricklerr farmingtonDanielj chacBill richardsonConsulting groupTax policy committeeRockefeller family fundSenate majority leader peter wirthd santa feGroup of philadelphiaRevenue stabilizationClemente sanchezJames strickler

New Mexico tax study calls for repeal of past changes

Credit KUNM LAS CRUCES - A new study of New Mexico’s tax policy found that many of the problems in our tax system today are the result of changes made during past administrations. Randall Bauer of the Philadelphia firm PFM Group Consulting conducted the study and presented its findings to the New Mexico Legislature’s Revenue Stabilization and Tax Policy Committee Tuesday, Dec. 15. He cited prior national studies by the Pew Research Center that found New Mexico has one of the six most volatile tax structures in the country. Four of those six states are reliant on energy production.

New mexicoUnited statesRandall bauerPaige knightSusana martinezBill richardsonD santa feAmber wallinPew research centerTax policy committeeMexico legislature revenue stabilizationGroup consultingSenate majority leader peter wirthNew mexico legislatureRevenue stabilizationTax policy committee tuesday

Report recommends more equity in New Mexico s tax structure | Legislature | New Mexico Legislative Session

Report recommends more equity in New Mexico s tax structure | Legislature | New Mexico Legislative Session
santafenewmexican.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from santafenewmexican.com Daily Mail and Mail on Sunday newspapers.

United statesNew mexicoNew mexicanRandall bauerJavier martJames stricklerClemente sanchezBill richardsonD santa feConsulting groupTax policy committeeRockefeller family fundSenate majority leader peter wirthGroup of philadelphiaRevenue stabilizationMajority leader peter wirth

Report recommends more equity in New Mexico s tax structure

Report recommends more equity in New Mexico s tax structure
santafenewmexican.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from santafenewmexican.com Daily Mail and Mail on Sunday newspapers.

United statesNew mexicoUniversity of new mexicoRandall bauerKelly odonnellBill richardsonConsulting groupTax policy committeeRockefeller family fundGroup of philadelphiaRaising new mexicoRevenue stabilizationKellyo donnellஒன்றுபட்டது மாநிலங்களில்புதியது மெக்ஸிகோபல்கலைக்கழகம் ஆஃப் புதியது மெக்ஸிகோ